Realty market in the USA reduced in July by one third

Investors and participants of the USA real estate market are thrilled. According to National association of realtors in the USA, sale volume in the secondary realty market decreased by 27% making up 3,8 million units. Experts communicates that these indexes are the worst over recent 15 years.

Situation on the USA real estate market is greatly worse than market forecasts. Analysts expected merely 12% decrease of sale volumes. According to the report of U.S. Department of Commerce published in the past week the quantity of building permissions decreased in July by 3%, amounting 565 thousand units. Thus the statistics for July shows the lowest indexes for the period starting from May,2009 till the time being.

See also
scroll up